Order custom Harvard Business Case Study Analysis & Solution. Starting just $19
Fern Fort University
Dalian Wanda Commercial Properties VRIO / VRIN Analysis | Assignment Help
What is VRIO / VRIN Analysis ?
VRIO stands for – Value of the resource, Rareness of the resource, Imitation Risk, and Organizational Competence.
VRIO is a resource focused strategic analysis tool.
To build a sustainable competitive advantage the resources that –casename— needs to be valuable, rare, and difficult to imitate. Secondly the –casename— needs to possess capabilities, organizational structure, and culture to optimize the available resources usage. VRIO analysis can help organizations such as Dalian Wanda Commercial Properties to do better resource allocation and build a defensible value and supply chain.
Order a Dalian Wanda Commercial Properties VRIO / VRIN Analysis now
What is a Valuable Resource for Dalian Wanda Commercial Properties? Defining Valuable in VRIO
A resource or capability is considered valuable for Dalian Wanda Commercial Properties , if it allows the
Dalian Wanda Commercial Properties to exploit opportunities or negate threats
emerging out of both the micro business environment and the macro environment. If a resource does not allow Dalian Wanda Commercial Properties to minimize threats or exploit opportunities, than it doesn't contribute signficantly to building a sustainable competitive advantage for Dalian Wanda Commercial Properties.
What are Rare Resources for Dalian Wanda Commercial Properties? Defining Rare in VRIO
In an industry that Dalian Wanda Commercial Properties operates in, valuable resources are held by number of competitors. So valuable resources themselves don’t provide a sustainable competitive advantage. Dalian Wanda Commercial Properties require rare resources to compete in the industry. If Dalian Wanda Commercial Properties don’t have rare resources that are required to succeed in the industry then Dalian Wanda Commercial Properties won’t be able to compete successfully in the marketplace. Secondly holding rare resources can provide Dalian Wanda Commercial Properties competitive advantage against players that don’t have those rare resources. HBR Case Study Solution
What is a Inimitable (Difficult to Immitate) Resource for Dalian Wanda Commercial Properties? Defining Inimitable in VRIO
A valuable and rare resource can provide a competitive advantage to Dalian Wanda Commercial Properties for certain period of time as all the competitors are going to try to imitate or replicate that resource. A sustained competitive advantage emerges, if the resource is difficult to imitate by the competitors. Dalian Wanda Commercial Properties can create inmitability by innovating on the product side, reducing pain points on service delivery, and having an effective post sales servicing strategy.
Check out the SWOT analysis of Dalian Wanda Commercial Properties
What is a Organization for Dalian Wanda Commercial Properties? Defining Organization in VRIO
Even if the Dalian Wanda Commercial Properties has all the valuable resources that are both rare and difficult to imitate, it won’t automatically result into a sustainable competitive advantage. The key to build the sustainable competitive advantage is to have organizational capabilities, expertise, and structure to exploit the resources. If Dalian Wanda Commercial Properties is not organized based on its strengths then it won’t able to exploit all the resources that it possesses.
Resources | Value | Rare | Imitation | Organization | Competitive Advantage |
---|---|---|---|---|---|
Access to Critical Raw Material for Successful Execution | Yes | Yes, as other competitors have to come to terms with Dalian Wanda Commercial Properties dominant market position | Can be imitated by competitors | Yes | Providing Sustainable Competitive Advantage |
Financial Resources of Dalian Wanda Commercial Properties | Yes | No | Financial instruments and market liquidity are available to all the nearest competitors | Dalian Wanda Commercial Properties has reasonably sound financial position | Dalian Wanda Commercial Properties has relatively sustainable Competitive Advantage |
Opportunities for Brand Extensions for Dalian Wanda Commercial Properties products | Yes, new niches are emerging in the market | No, as most of the competitors are also targeting those niches | Yes can be imitated by the competitors | Brand extensions will require higher marketing budget | Temporary Competitive Advantage |
Marketing Expertise within Dalian Wanda Commercial Properties | Yes, firms are competing based on differentiation in the industry | No, as most of the competitors also have good marketing departments and expertise | Pricing strategies of Dalian Wanda Commercial Properties are often matched by competitors | Yes, Dalian Wanda Commercial Properties is leveraging both its inhouse marketing department and external expertise | Temporary Competitive Advantage |
Ability to Attract Talent in Various Local & Global Markets | Yes, Dalian Wanda Commercial Properties strategy is built on successful innovation and localization of products | Yes, as talent is critical to firm's growth | Difficult to imitate for the current competitors of Dalian Wanda Commercial Properties | To a large extent yes | Providing Strong Competitive Advantage |
Product Portfolio and Synergy among Various Product Lines of Dalian Wanda Commercial Properties | Yes, it is valuable in the industry given the various segmentations & consumer preferences. | Most of the competitors are trying to enter the lucrative segments | Can be imitated by the competitors | The firm has used it to good effect, details can be found in case exhibit | Provide short term competitive advantage but requires constant innovation to sustain |
Global and Local Presence of Dalian Wanda Commercial Properties | Yes, as it diversify the revenue streams and isolate company's balance sheet from economic cycles | Yes | Can be imitated by competitors of Dalian Wanda Commercial Properties but at a relatively high cost | Yes, it is one of the most diversified companies in its industry | Providing Strong Competitive Advantage |
Alignment of Activities with Dalian Wanda Commercial Properties Corporate Strategy | Yes | No | Each of the firm has its own strategy | Yes, company has organizational skills to extract the maximum out of it. | Still lots of potential to build on it |
Successful Implementation of Digital Strategy at Dalian Wanda Commercial Properties | Yes, without a comprehensive digital strategy it is extremely difficult to compete | No, as most of the firms are investing into digitalizing operations | Can be imitated by competitors | One of the leading player in the industry | Digital strategy has become critical in the industry but it can't provide sustainable competitive advantage to |
Brand Positioning of Dalian Wanda Commercial Properties in Comparison to the Competitors | Yes | No | Can be imitated by competitors but it will require big marketing budget | Yes, the firm has positioned its brands based on consumer behavior | Temporary Competitive Advantage |
Customer Community of Dalian Wanda Commercial Properties | Yes, as customers are co-creating products | Yes, the Dalian Wanda Commercial Properties has able to build a special relationship with its customers | It is very difficult for Dalian Wanda Commercial Properties competitors to imitate the culture and community dedication | Going by the data, there is still a lot of upside in building on Dalian Wanda Commercial Properties customers community ecosystem | Providing Strong Competitive Advantage |
Brand awareness of Dalian Wanda Commercial Properties products and services | Yes, the brand awareness of Dalian Wanda Commercial Properties products are high | Yes, Dalian Wanda Commercial Properties has one of the leading brand in the industry | No | Dalian Wanda Commercial Properties has utilized its leading brand position in various segments | Sustainable Competitive Advantage |
Vision of the Leadership for Next Set of Challenges | Yes | No | Can't be imitated by competitors of Dalian Wanda Commercial Properties | Not based on information provided in the case | Can Lead to Strong Competitive Advantage |
Pricing Strategies of Dalian Wanda Commercial Properties | Yes, Dalian Wanda Commercial Properties has sound pricing strategies | No | Pricing strategies are regularly imitated in the industry | Yes, firm has a pricing analytics engine | It can only provide Dalian Wanda Commercial Properties with a Temporary Competitive Advantage |
Books and References
Ahir Gopaldas and Anton Siebert (2022 July August) "What You’re Getting Wrong About Customer Journeys",
Harvard Business Review , 92
Linda A. Hill, Emily Tedards, and Taran Swan (2021) "Drive Innovation with Better Decision-Making", Harvard Business Review 86
Dyer, J. H., & Hatch, N. (2004). Using Supplier Networks to Learn Faster. Sloan Management Review, 45(3), 57–63
Barney, J. B. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17, 99–120
Dyer, J. H., Kale, P., & Singh, H. (2004, July–August). When to ally and when to acquire. Harvard Business Review, 109–115
MBA Admission help, MBA Assignment Help, MBA Case Study Help, Online Analytics Live Classes
Order Now
Previous VRIO / VRIN Analysis
- AIA VRIO / VRIN Analysis
- Gucci VRIO / VRIN Analysis
- Lotte Confectionery VRIO / VRIN Analysis
- Telia VRIO / VRIN Analysis
- Cognizant VRIO / VRIN Analysis
Next 5 VRIO / VRIN Analysis
- Xiaomi VRIO / VRIN Analysis
- Vinci VRIO / VRIN Analysis
- Marriott VRIO / VRIN Analysis
- DBS VRIO / VRIN Analysis
- Ping An Bank VRIO / VRIN Analysis